Inflation skyrocketed 8.6% in May, highest since 1981; Bureau of Labor Statistics reports
Inflation in May accelerated again, with prices rising another 8.6 percent from a year earlier, the most rapid increase since December 1981, the Bureau of Labor Statistics reported Friday. The Consumer Price Index, a broad measure of prices for goods and services, increased more than the estimate of 8.3 percent by the Dow Jones. When … Read more